Pacific Financial (OTCMKTS:PFLC) Shares Down 0.7% – Here’s Why

Pacific Financial Co. (OTCMKTS:PFLCGet Free Report) traded down 0.7% during mid-day trading on Wednesday . The company traded as low as $10.90 and last traded at $10.90. 2,100 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 5,555 shares. The stock had previously closed at $10.98.

Pacific Financial Price Performance

The business has a 50-day moving average of $11.76 and a 200-day moving average of $11.98.

Pacific Financial (OTCMKTS:PFLCGet Free Report) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.21 earnings per share for the quarter.

Pacific Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 5.14%. The ex-dividend date of this dividend was Friday, February 14th. Pacific Financial’s dividend payout ratio (DPR) is presently 125.40%.

About Pacific Financial

(Get Free Report)

Pacific Financial Corporation operates as the bank holding company for Bank of the Pacific that provides various banking products and services in Washington and Oregon. The company offers personal and business checking, and savings accounts; certificates of deposit, individual retirement accounts, and other investment options; home loans; and auto and recreation loans, credit cards, and home equity line of credit.

Further Reading

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